Cypress Place
975 Jefferson Square, Elk Grove Village, IL, 60007-4041, US
192 Einheiten
Beschreibung
Jones Lang LaSalle (“JLL”) is pleased to present River Grove Station (the “Property”), a newly constructed 138-home mid-rise apartment community with ground-floor retail located in prominent River Grove, IL. Built in 2023, River Grove Station features contemporary luxury apartments with top-tier amenities including a fitness center, rooftop terrace, co-working lounge and on-site management office.
The property is located along Thatcher Ave directly across from the Metra Station with direct access to downtown Chicago (Union Station) and easy convenient accessibility to the larger Chicagoland area via I-90, I-290, and I-294. With shopping, entertainment, and transportation nearby, River Grove has become a popular neighborhood for young professionals and families alike.
River Grove Station includes an accretive TIF agreement offering investors a partial reimbursement of their tax bill. The Property is being offered free and clear.
____
...
Eigenschaften
Baujahr
2023
Anzahl der Gebäude
11
Anzahl der Einheiten
138
Total Square Footage
11,4347
Vermietungsstand
93 %
Medien
Investment-Highlights
Excellent Design & Construction
- Thoughtful Interior Design with High-End Finishes, 9-Foot Ceilings and Modern Features
- Quartz countertops, stainless steel appliances, in-unit washer and dryer, custom built-in fireplaces.
- Outstanding amenities: fitness center, rooftop terrace, co-working lounge and on-site management office.
Outstanding, Transit-Oriented Location
- Directly across from the River Grove Metra Station
- Centrally Positioned Near Areas 3 Largest Employment Centers - Chicago CBD, Rosemont/O’Hare, and
- Oakbrook/Downers Grove
- Minutes from Bricktown Square and Winston Plaza, including Costco, Jewel, Target, Lowes Home Improvement, and Aldi
Strong Submarket Performance:
- 3.4% Projected 3-Year Effective Rent Growth
- 4.6% Projected YoY Effective Rent Growth
- 96.5% 5-Year Projected Average Occupancy
- Zero Properties Under Construction within a 3-Mile Radius
Ihre Ansprechpartner
River Grove Station (0 Objekte)
JLL kann Sie bei der Finanzierung und Verwaltung Ihres Portfolios unterstützen. Kontaktieren Sie uns noch heute, damit wir gemeinsam Ihre Ambitionen verwirklichen können.
Zuletzt aktualisiert
27. Okt. 2025
